Dividend Declaration

Standard Life Invs Property Inc Tst
07 August 2007


07 August 2007


Standard Life Investments Property Income Trust Limited

Re: Dividend Announcement


The Directors of Standard Life Investments Property Income Trust Limited ('the
Directors') have declared that an interim dividend be payable in respect of the
quarter ended 30 June 2007 as follows:-


Ex Date                     15 August 2007

Record Date                 17 August 2007

Pay Date                    31 August 2007

Dividend per Share          1.690p


All Enquiries:


The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL


Tel: [phone]

Fax: [phone]


END

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